Housing rental in Greece: prices are rising after government measures

Real estate market: Fear of rising rental prices after government measures. “The average cost of a house of 15–20 years in Athens is 1,500 euros.”

Yannis Refisa member of the Board of Directors of the Federation of Greece realtors, in the morning television interview on Sunday (May 4) spoke about the measures of the government to support the lease and the reaction of the company.

Realtors and experts of the lease market call the initiative of the government Greece fragmentary and fear that it will become another incentive for real estate owners to increase rental prices.

“I think this is a half -timer, although for some households this relief. The main problem is urbanization: everyone wants work and housing in Athens. The average cost of renting housing in a house age 15–20 years in Athens is 1,500 euros, in the regions – 800 euros. The government should urgently resolve this issue. In my opinion, it is necessary to exempt from taxes of small owners or those who rent housing in the market and have low income – for such objects there should be a complete tax benefit. Owners pay too high price “– said, in particular, Yannis Refis.

Final support measures for tenants

Payments: November every year.

Return for the main housing:

• Unmarried/married (without children): up to 800 euros;
• married with 1 child: up to 850 euros;
• married with 2 children: up to 900 euros;
• Married with 3 children: up to 950 euros.

Return for student housing:

• On a student: up to 800 euros.

The criterion of annual income for the main housing:

• Unmarried: up to 20,000 euros;
• married without children: up to 28,000 euros;
• married with children: plus 4000 euros per child;
• Lonely parents: up to 31,000 euros;
• For each child after the first: plus 5000 euros.

Real estate cost criterion:

• Unmarried: up to 120,000 euros;
• married without children: up to 140,000 euros;
• married with 1 child: up to 160,000 euros;
• married with 2 children: up to 180,000 euros.

PS You still need to be able to get these returns. And this is far from so simple …

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